Catastrophe Insurance (C) Working Group
Property and Casualty Insurance (C) Committee

2008 Charges

1. Monitor and recommend measures to improve the availability and cost of insurance and reinsurance related to catastrophe perils for personal and commercial lines;
2. Evaluate potential state, regional and national programs to increase capacity for insurance and reinsurance related to catastrophe perils;
3. Monitor and assess proposals that address disaster insurance issues, both at the federal and state levels; assess concentration of risk issues and whether a regulatory solution is needed;
4. Provide a forum for discussing issues and recommending solutions related to insuring for catastrophic risk, including terrorism, war, and natural disasters;
5. Update the State Disaster Response Plan Manual, as needed, so that it provides a blueprint for action by states to respond to catastrophic events; and
6. Finish work on the NAIC Natural Catastrophe Risk Plan by the 2008 Summer National Meeting.